Which type of organization helps companies to stock and move goods from their points of origin to their destination?
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Answer:
Global supply chains are essential to worldwide commerce, and the underlying logistics involved in sending, receiving, moving, and storing goods is central to that success. It’s no surprise that the terms “supply chain” and “logistics” have become conflated and are often confused with each other. Despite some individuals and organizations using the words interchangeably, there are many important differences between the functions, capabilities, inputs, and outputs of each.
The quickest distinction to make is that supply chains are responsible for the overall sourcing, processing, and delivery of goods to the end customer, while logistics specifically focuses on moving and storing goods between different supply chain organizations.
We’ll break everything down and explain the key differences between logistics and the supply chain.